KAVANGO RESOURCES PLC

Share Issue/Capital Change • Jun 22, 2021

National Storage Mechanism | Additional information

RNS Number : 7407C

Kavango Resources PLC

22 June 2021

PRESS RELEASE

22 June 2021

KAVANGO RESOURCES PLC

("Kavango" or "the Company")

Exercise of Warrants

Exercise of Warrants

Kavango announces it has received notices to exercise warrants over 863,637 new ordinary shares of £0.001 each in the Company (the "Warrant Shares").

The Warrant Shares are being issued pursuant to the exercise of warrants granted on 1 December 2020.  Subscription monies of £36,704 have been received by Kavango in respect of these exercises.

Admission and Total Voting Rights

Application will be made for the Warrant Shares to be admitted to the Standard List segment of the Official List and to trading on the main market of the London Stock Exchange plc ("Admission").  It is expected that Admission will become effective and that dealings in the Warrant Shares will commence at 8.00am on or around 29 June 2021.

Following Admission, the total issued share capital of the Company will consist of 364,204,412 Ordinary Shares. Therefore, the total number of voting rights in the Company is 364,204,412 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest, in the share capital of the Company. 

Further information in respect of the Company and its business interests is provided on the Company's website at www.kavangoresources.com and on Twitter at #KAV.

For further information please contact:

Kavango Resources plc                                                                                     

Michael Foster

mfoster@kavangoresources.com

First Equity (Joint Broker)

+44 207 374 2212

Jason Robertson             

SI Capital Limited (Joint Broker)                                                                          

+44 1483 413500

Nick Emerson

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